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ING Receives Client Inquiries on Venezuelan Natural Resource Deals After U.S. Sanctions Eased
@business reported that ING is receiving numerous client inquiries to support Venezuelan natural resource deals. The activity coincides with Venezuela's efforts to update exports following years of U.S. sanctions.
Jul 9, 1:10 PM·1m read1 source
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ING is fielding a lot of client inquiries to support Venezuelan natural resource deals, an executive said. The inquiries arrive as Venezuela revamps its exports after years of U.S. sanctions. The bank has seen rising interest from clients seeking to facilitate transactions tied to the country's natural resources.
Venezuela had operated under prolonged U.S. sanctions before starting to adjust its export activities.
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